MCR
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mcr up on ann., page-12

  1. monark
    7,877 Posts.
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    18/11/03
    17:33
    Post #: 303206
    re: exploration success at south miitel I agree - this is where you should buy more and not panic and sell out.

    Fundamentals are very strong and after today improved.

    * Nickel approx $AU 17,000/tonne
    * No debt
    * Dividend paying
    * Plenty of exploration upside
    * Strong market next 2-3 years
    * Unhedged as of Jan 04
    * Production to increase to approx 14,000 tonne/year
    * Gold exploration to commence
    * Outlook for Gold positive - to break $US 400
    MCR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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